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By A. J. Williams

"Conventional base metal milling practice normally consists of crushing, grinding and cyclone classification followed by flotation. It is the authors' belief that the commencement of flotation after cyclone classification leads to inferior metallurgical results and that implementation of flotation of grinding mill discharges can result in increased recovery due to reduced overgrinding, reduced activation of contaminating minerals and improved dewatering circuit results due to the production of coarser concentrates.The concept of recovering minerals from the discharge of grinding mills is not new! Gold concentrators have utilized jigs and flotation cells while iron ore plants have employed magnetic separators to recover gold and magnetite respectively from the discharge of grinding mills. More recently, a Reichert cone has been used to recover sulphide and oxide base metal minerals from screened rod mill discharge. 1To the authors' knowledge, the first application of flotation of base metal minerals from the discharge of a production plant grinding mill was at the Lake Dufault concentrator of Corpor'1tion Falcon bridge Copper. Located 10 miles north of Noranda, Quebec the Lake Dufault concentrator commenced operations in August, 1964.The installation of flot11tion cells in the Lake Dufault grinding circuit proved so successful that an identical system was installed in the Manibridge concentrator of Falconbridge Nickel Mines Limited. Located 90 miles southwest of Thompson, Manitoba the Mamibridge concentrator commenced operations in June, 1971 and due to exhaustion of economic ore reserves discontinued production in May 1977."

Jan 1, 1984

By K. L. Murphy, G. Multamaki, P. M. Huck

"A preliminary evaluation, based on existing data, has been made of the implications of placing radium-barium sludge in tailings areas. The study was restricted to a consideration of possible increases in the quantities of radionuclides escaping to the environment through either groundwater or surf ace water, considering the types of tailings treated and the effluent treatment systems currently operating in Canada.IntroductionIn the recovery of uranium from ore deposits, the tailings produced by mine/mill complexes are conveyed to impoundment areas in slurry form. After settling, the supernatant is discharged to the environment together with runoff from precipitation on the tailings bas in. Currently, all operating uranium mines in Canada employ barium chloride treatment to control the release of dissolved radium to the aquatic environment. The dissolved radium in the tailings decant is precipitated with barium chloride, forming (Ra,Ba)SO4, and allowed to settle in ponds or lakes. In some instances, settling tanks have replaced ponds and flocculants have been added to aid settling. Because the Atomic Energy Control Board does not consider the precipitation ponds to be suitable for final disposal of these sludges, acceptable sites must be found. Options which have been suggested for sludge management include underground placement either in worked-out mine areas or in special chambers, or placement in the tailings areas. Conceptually, the latter alternative is attractive and probably would minimize sludge handling. This alternative would be subject to the AECB policy which requires that upon abandonment, radioactive releases from a tailings area must be within present regulatory limits and that treatment to meet these limits should not be required in perpetuity.No quantitative data exist concerning either the effect of physical and chemical conditions in the tailings on resolubilization of radium from precipitated sludges or the fraction of this additional radium which would be released."

Jan 1, 1982

By Peter Bourke, Marc van Olst, Seppo Ronkainen, Natalie Brown

"Since the early days of flotation, process technicians have known that the speed at which the froth is recovered over the lip of the cell has a very direct and consistent influence on the grade and recovery of the circuit. No plant would deny that, even to this day, one of the most important aspects of a process technician’s job is ensuring that the froth is moving at a desired and controlled speed over the lip. Unfortunately, process technicians cannot watch the froth throughout the entire shift, as there are always a lot of other tasks to do.A considerable amount of work has thus been done to develop a “system” that automatically measures the speed of the froth. This measurement would then be used in simple controllers to emulate the steps taken by the process technician in correcting deviations of the froth speed from its desired level. Many of the earlier attempts to measure speed were ineffective, as they were unable to cope with turbulence on the froth surface. The FrothMasterTM instrument makes use of machine vision technologies to measure the speed of the froth over the lip of a cell at a very high sampling rate. This instrument produces an extremely reliable and accurate measurement of the froth speed (as well as other parameters such as bubble size and froth stability). As we will show, the effectiveness of the speed measurement in controlling the performance of the plant is a testimony to its reliability.Three FrothMasterTM units have recently been installed on the Cadia Hills Gold Mine in New South Wales (Australia). The objectives of this installation were:To control the mass-recovery of two Tank Cells in series on the same level where differences in the hydrostatic head between the two cells result in the cells pulling inconsistently with respect to each other.Control of the concentrate grade (%Copper) from the first rougher.Reduction in the frother consumption in the rougher circuit by monitoring the froth speed.A simple controller was designed to react to disturbances in the same way that human operators react. This was done after consultation with the metallurgists and the process technicians at Cadia. The controller had two functions:Stabilisation: The stabilising controller made use of three manipulated variables (level, frother addition rate and aeration rate) to control the froth speed to a setpoint.Optimisation: The optimising controller adjusted the froth speed setpoint based on deviations of the grade (measured in real-time with an OSA) from a setpoint. The plant metallurgist adjusted the grade setpoint based on information about the ore."

Jan 1, 2001

By J. E. Hawley

"IntroductionA STUDY of the trace elements in the ash •of coals from nine seams in the Sydney coalfield, Nova Scotia, was undertaken at the suggestion of Dr. W. A. Bell, Geological Survey of Canada, as a part of a larger study of these and other Nova Scotia coals being made by the Geological Survey and the Nova Scotia Department of Mines under the direction of Dr. P. A. Hacquebard.The main purpose of this investigation has been to •determine if a knowledge of the trace element distribution might be of assistance in the recognition of individual seams, the distinction of which is not always easy or positive in folded and faulted strata by ordinary stratigraphic and structural means.The study has been so conducted as to afford information on the variation of trace elements in individual petrographic intervals or divisions in each of the seams examined, intervals determined by Dr. Hacquebard on the basis of their banded ingredients, vitrain, clarain, durain, fusain, etc, as observed under the microscope in polished sections. The results, as well, indicate the trace element composition of the coals of the area as a whole, and quantitative data for fifteen elements are given, along with concentrations of thirteen other elements, stated in terms of intensity ratios. Data on distribution of germanium, though considered here along with other elements, are dealt with elsewhere*."

Jan 1, 1955

By John D. Campbell

"IS YOUR MANAGEMENT CONTROLLOOP FUNCTIONINGMineral processors make use of hundreds of control circuits in their mills, process plants, smelters and refineries, to optimize throughput and recovery and minimize cost. This afternoon, I would like to discuss what is probably the weakest circuit in any mineral processing operation - the management control loop.In their recent book ""The Winning Streak"", Goldsmith and Clutter describe extensive research on unsuccessful companies. They conclude that ineffective control, which does not immediately identify the problems, is one of the main failings of unsuccessful companies.We will look at the three key components of control which, from the manager's point of view, ensure that the loop is complete. These three are:• measuring what's happening,• assessing its significance, Rnd• altering performance.If we compare management control to process control as shown in this first figure, ""We see that parameter sensing by the analyzer in a process circuit is analogous to performance monitoring by management in a responsibility centre. The analyzer senses temperature, pressure, flow, weight or some surrogate indicator such as colour to indicate ion concentration. For manage1nent, the performance to rnonitor is dependent upon the objectives of the responsibility centre, and the key factors which affect these objectives."

Jan 1, 1985

By Olli Haavisto, Juha Timperi

"Accurate on-line assays of mineral slurries are the basis for effective operation of flotation circuits. Typically the elemental content measurements are obtained by an X-ray fluorescence (XRF) analyzer, which samples the process lines and performs the analysis concurrently line-by-line. For a more frequent measurement of each slurry line the XRF measurements can be complemented with reflectance spectrum information. In reflectance spectroscopy the absorbance properties of the slurry in the visible and near-infrared wavelength range are analyzed. The advantage of reflectance spectroscopy is that measurements can be obtained quickly and simultaneously from several slurry lines. However, since the shape of the spectrum is only indirectly affected by the slurry elemental contents, frequent calibration of the measurement against the XRF analyzer is necessary. This study elaborates the combination of reflectance spectrum analysis with XRF. Results of laboratory tests for different slurries are presented and the operation of the system in a copper-zinc flotation plant is demonstrated.IntroductionElemental analysis of mineral flotation slurries is the most important factor in evaluating the performance of concentration processes. Timely on-line assays are also used as the basis for controlling the circuits and ensuring that the grade and recovery targets are reached. X-ray fluorescence (XRF) is the dominant technology in on-line elemental slurry analysis, and typically centralized XRF analyzers are used. The advantage of a centralized analyzer is that one measurement probe can be used to acquire the data from several slurry lines. This reduces the overall operating cost of the system when compared to distributed analyzer system design with several measurement probes requiring maintenance and spare parts. Slurry samplers are installed in the interesting process flows and representative sample flows are brought to the analyzer, where the slurry is further sampled and measured consecutively by the XRF analyzer. Due to the centralized structure of the analyzers and consecutively measurement of the sampling lines the sampling interval per slurry line can be relatively long. In larger concentration plants with several sampling lines a typical assay interval is in the range of 10-20 minutes."

Jan 1, 2016

By Hans von Michaelis

"INTRODUCTIONThe renaissance in gold and silver recovery technology has continued to unfold and it is appropriate to review some of the useful new technologies as well as try to identify some of the industry's future needs and frontiers.The remarkable strengthening in the US dollar has resulted in a relatively low gold price in US Dollars of around $310/oz at the time of writing and silver at $6.25/oz. This general softening in the dollar prices and the recent confusion as to environmental compatibility of cyanidation tailings and effluents, has led to a slowdown in announcements of new operations. Another reason for the slackening off in the USA is that in the past few years a large part of the capital has come from oi I and gas companies that now seem to be losing interest in mineral ventures, and foreign investors for whom the dollar is becoming out of reach. In the author's opinion this represents an unprecedented window of opportunity.Elsewhere in the world where local currencies have weakened, the price of gold is at or close to its all time high.For example, in South African Rands, the gold price was R571.00/oz when the rand was US$1.47 and the gold price reached US$800. Now at US $309/oz and with the Rand at US$0.51 = Rl .00, the local gold price is R600. The price of si Iver in Mexican pesos is not much less than it was when silver reached US$50/oz. Gold, and silver prices in local currencies outside North America are still buovant and at levels where additional investment in new projects is more encouraging.Even in Canada where the dollar is worth about US$0. 75, this provides a smaller but significant cushion compared with US operations. Considering the present strength of the US dollar and even the Canadian dollar relative to many other gold producing countries, there should be significant investment opportunities at today's prices. Mining companies have started to descend on Brazil, for example, where in a matter of just a few years annual gold production has increased from 10 to 70 tons. In South Africa, a Canadian company backed by Swiss financing has been able to take over a Witwatersrand gold mining operation and is installing a huge new tailin9s retreatment plant to process about 1 million tons per month of tailings."

Jan 1, 1985

By Keith Merriam, Jim McDonnell, Peter Radziszewski, Rob Rotzinger, Ian DeHart

"Taseko Mines Limited Gibraltar copper-molybdenum mine recommenced operation in 2004 with the initiation of a series of development projects to increase throughput capacity as well as modernize the mine.In the second staged development project, a VTM-1250-WB regrind mill was selected to replace the existing conventional ball regrind mill to achieve a target grind size of 80 % passing 45 µm. In the third staged development project, a second VTM-1250 regrind mill was selected for installation in Concentrator #2, to match the existing Concentrator #1 Vertimill. This resulted in approximately 25% spare regrind capacity in the Concentrator #2 design, complete spare parts interchangeability and potential future expansion capacity to 50,000 t/d with no circuit upgrades.In this context, a study was initiated to assess not only the performance of a Vertimill grinding circuit processing a copper concentrate to a particle size of 80% passing 17 µm but also to provide Taseko’s New Prosperity project specific design information for grinding to particle sizes below 80 % passing 25 µm.The objective of the work described in this presentation was to explore Vertimill ultrafine (sub 100 µm) grinding test methodologies at both the lab and pilot scales, compare the scale-up data with operational data from the VTM1250 at Gibraltar Mines and subsequently apply this information to particle sizes down to 80% passing 17 µm. The presentation will describe the results obtained preceded by a description of the Gibraltar regrind circuit historical operation and operational performance as well as a description of the Vertimill technology.INTRODUCTIONTaseko Mines Limited is a mining company headquartered in Vancouver, British Columbia, Canada. In addition to mining development projects for copper, copper-gold, gold, and niobium properties, Taseko Mines is seventy-five percent owner and the operator of the Gibraltar Mine near Williams Lake , British Columbia. Taseko Mines Limited’s Gibraltar copper-molybdenum mine recommenced operation in 2004 with the initiation of a series of development projects to increase throughput capacity as well as modernize the mine.Metso is a leading process performance provider, with customers in the mining, oil and gas, and aggregates industries. It has corporate headquarters in Helsinki Finland, offices in 50 countries and manufacturing facilities on five continents. Amongst other types of equipment and services, Metso designs and manufactures VERTIMILL® (VTM) Grinding Mills."

Jan 1, 2015

By S. Kahraman, K. Develi, E. Yasar

Four hydraulic top hammers, one pneumatic top hammer, and three down-the-hole drills were observed in several rock types at quarries and highway construction sites to measure the performance data. At the same time, drill cuttings from each drill hole were collected for the determination of the coarseness index (CI), which is the sum of cumulative weight percentages of a particular size-graded sample of debris, and for the determination of median particle size (MPS), which is defined as the particle for which the quantity of particles equals 50% of the total of the cumulative distribution. After the sieve analysis was carried out on the drill cuttings in the laboratory, CI values were calculated and MPS values were obtained from the plots of cumulative undersize vs particle size. The performance data of the drills, CI values, and MPS values were analyzed using the least square regression method. It was seen that strong linear relationships usually exist between penetration rates and CI values, and penetration rates and MPS values for both top hammer drills and down-the-hole drills. Penetration rates increase linearly when increasing the CI and MPS values.

Jan 1, 2004

By D. Hodouin

Jan 1, 1978

By Hans E. Madeisky, Bruce W. Downing

Abstract-The acid rock drainage (ARD) buffering capacity of mine waste is governed by its bulk chemical composition and its mineral assemblage. Conventional acid base accounting (ABA) tests can be used to predict short-term buffering, but should be used with caution to model or predict the long-term ARD buffering capacity of mine waste. ABA data for mine waste samples from four different deposit types: anorthosite-hosted magmatic sulfide nickel, dunite-hosted magmatic sulfide nickel, porphyry copper-gold, and volcanic-hosted high sulfidation epithermal silver, were compared with whole-rock geochemical and petrographic data obtained from the same samples. Our objective was to devise and test a method of predicting ARD buffering capacity based on bulk chemistry and modal mineralogy. In other words, we developed a quantitative theoretical method for calculating neutralizing potential, relying on easily obtainable and relatively inexpensive whole-rock and sulfur XRF analyses, which could substitute for conventional ABA procedures in situations where these procedures are either too costly or too time consuming. For each deposit type, models were devised that reasonably approximate the net neutralization potential estimated by the ABA data obtained from laboratory tests. Once an appropriate model has been developed and tested, portable X-ray fluorescence equipment, already used for grade control at many mine sites, could provide the wholerock and sulfur analyses required to estimate the ARD potential of the waste material. Although this approach is not intended as a substitute for the legally mandated ABA test procedure, it could facilitate the timely and cost-effective management and mitigation of ARD at a mine site.

Jan 1, 1997

By R. Cotton

"1. INTRODUCTIONTo say that the environment will be a dominant issue in the 1990' s is an understatement. A world-wide ""green revolution"" is taking place not only with the general public and politicians, but in the boardrooms and plant facilities of corporations around the world. There is probably not a plant manager who has not been requested by his corporation to assist in some way on environmental issues by providing advice and strategy, by dealing with customer or community concerns, by considering environmental matters in transactions, by developing new environmental compliance policies and requirements, and so on.There are, in the author's view, three main challenges for the mining industry in the environmental area in the 1990's. This paper will discuss each in turn. The first challenge is the concept of ""sustainable development"". Whatever the meaning of this much-debated phrase, we are rapidly moving beyond the buzzword, and into the specifics. It will clearly impact on the way we manage our companies, our communities and our personal lives.The second is the challenge of personal liability; particularly for officers, directors, supervisors and managers of the corporation. For example, in Ontario today, a good percentage of prosecutions for pollution offences are against individuals, usually managers and supervisors, in addition to the prosecutions against the corporation itself for the same offence. In all likelihood, prosecutions will increase in number and will increasingly be directed at individuals. A corporate president has already served a jail term for contempt of court related to his corporation's breach of a court order related to sewer by-law offences. Although the case is on appeal, another president has become the first officer in Canada to be sentenced to jail for violation of an environmental protection statute. Other corporate officers and directors have recently been charged with breach of their duty under Ontario's Environmental Protection Act."

Jan 1, 1991

By Hans E. Madeisky, Bruce W. Downing

The acid rock drainage (ARD) buffering capacity of mine waste is governed by its bulk chemical composition and its mineral assemblage. Conventional acid base accounting (ABA) tests can be used to predict short-term buffering, but should be used with caution to model or predict the long-term ARD buffering capacity of mine waste. ABA data for mine waste samples from four different deposit types: an orthosite-hosted magmatic sul?de nickel, dunite-hosted magmatic sul?denickel, porphyry copper-gold, and volcanic-hosted high sul?dation epithermal silver, were compared with whole-rock geochemical and petrographic data obtained from the same samples. Our objective was to devise and test a method of predicting ARD buffering capacity based on bulk chemistry and modal mineralogy. In other words, we developed a quantitative theoretical method for calculating neutralizing potential, relying on easily obtainable and relatively inexpensive whole-rock and sulfur XRF analyses, which could substitute for conventional ABA procedures in situations where these procedures are either too costly or too time consuming. For each deposit type, models were devised that reasonably approximate the net neutralization potential estimated by the ABA data obtained from laboratory tests. Once an appropriate model has been developed and tested, portable X-ray ?uorescence equipment, already used for grade control at many mine sites, could provide the whole-rock and sulfur analyses required to estimate the ARD potential of the waste material. Although this approach is not intended as a substitute for the legally mandated ABA test procedure, it could facilitate the timely and cost-effective management and mitigation of ARD at a mine site.

Jan 1, 1997

By G. K. Jorgenson, S. H. Chung

"IntroductionThe SABREX Blast Modelling Program was developed jointly by the companies of the ICI Explosives Group, of which C-I-L Inc. is a member. SABREX (Scientific Approach to Breaking Rock with Explosives) is a modular computer program which incorporates new technology with a number of tested programs that have been in use world wide.SABREX predicts the performance of blasts in terms of (I) fragment size and distribution; (2) muckpile profile and face velocity; (3) grade fracture; (4) collar breakage; (5) a rupture envelope which depicts crack penetration behind and beneath blastholes; and (6) a complete cost analysis including explosives, drilling and accessory costs. The predicted blast results are displayed as dynamic colour graphics and in tabular form.SABREX uses data on the detailed geometry of the drilled and loaded pattern, detonation characteristics of the explosives and the dynamic properties of the rock to generate blast predictions. SABREX blasting calculations take into account the effects that shock and quasi-static pressures exert on the rock around the blastholes. While physical effects occur very rapidly in rock blasting, it is possible to view and model the sequence of events as discrete sections.The program can be run on a microcomputer and is currently operated by C-I-L technical service staff in Canada for the use of drilling and blasting operators.Figure I is a diagram representing the modules of the program and associated technology that is used to complement the program.Any, or all, of the modules may be used in a particular study or blast optimization. Because the BOBCAT module of the SABREX program has been described in previous papers(7.8.9), this discussion will concentrate on the newer modules: CRACK, HEAVE, RUPTURE ENVELOPE and to a limited extent, KUZ-RAM, which present a more detailed picture of the blasting process.Each of these modules is discussed in terms of the information they offer the operator in analyzing the blast. Specific examples of recent usage in Canadian mining situations are included to illustrate the ability of the model to produce practical results that can assist in optimizing actual blasting operations or solving problems that do exist."

Jan 1, 1987

By S. A. Luciani

"In 1957, an asbestos orebody was discovered in the northern sector of the Ungava Peninsula of the Province of Quebec, an area now identified as Asbestos Hill. The deposit is situated on a plateau 1700 feet above sea level and 42 miles inland from Hudson Strait. It is a bleak, iso. lated location of typical arctic environment. Fifteen years were to pass before the first shipment of ungraded fibre was made in 1972. These years we1•e occupied with field surveys and investigations, diamond drilling, engineering design, evaluation of investment and operating costs, and construction. The problems normally associated with mine development were further complicated by location, isolation, and the extreme cold and permanently frozen ground of the arctic regions. Unique to an isolated arctic operation are the organization of support facilities and services, procurement and retention of personnel, construction of access roads and airports, and scheduling of product out and supplies in during the short summer period of sea navigation."

Jan 1, 1976

By Natasha A. Essar

Nevsun Resources Ltd. Bisha Mine Project is a gold and base metal development project in the Gash Barka region of west-central Eritrea. The project has the potential to be one of the largest industrial developments in the country, and Eritreans have no experience in modern mining. Nevsun recognized early that the success of the Bisha Project would require meaningful consultation and engagement with all levels of Eritrean society. Meaningful engagement required not only full disclosure, but also capacity building from government officials at all levels to other stakeholders who live in the nearby communities. This paper describes the approach used to develop capacity and to help introduce a modern mining culture in a country without previous experience in mining.

May 1, 2007

By K. H. J. Clarke

SINCE the beginning of this century the non-ferrous mineral industry has contributed $17,809,-000,000 to the economic growth of Canada. To contemplate the vast amount of investment capital required and the resultant beneficial distribution of these billions of dollars for labour, transportation, supplies, taxes and dividends, challenges the imagination. It is the purpose of this paper, (a) to trace the development of the industry since its formative period to the present; (b) to discuss the current situation and problems; and ( c) to attempt to peer into the hazy future. Although there are 21 metals currently being produced in Canada which are classified as non-ferrous, or as alloying metals, copper, lead, zinc, nickel-the metals which will be discussed in this paper-constitute almost 60 per cent of their total value. ;The story

Jan 1, 1961

By Transfert Environment and Society

Transfert?s added value ? Building bridges between project promoters and communities ? Unique expertise in working toward Social License to Operate through meaningful community engagement ? 25 years of recognized innovation and a systematic approach ? Key mining clients: ? Royal Nickel Corporation ? IAMGOLD - Niobec ? Richmont Mines - Wasamac ? Mine Arnaud ? Managem

Aug 1, 2013

By Steven R. McCutcheon

ABSTRACT - The Bathurst-Newcastle district, a subcircular area approximately 50 km in diameter, contains 37 massive-sulfide Zn-Pb-Cu deposits that have defined tonnages, and has 58 additional significant occurrences. The largest deposit is Brunswick No . 12, with total reserves (including past production) of 148 million tonnes grading about 12.50% combined Pb-Zn. The deposits/ occurrences are spatially associated with a felsic volcanic pile that contains a significant sedimentary component. In the vicinity of the Brunswick deposits the pile is divisible into lower and upper sequences. The lower is characterized by megacrystic rhyolite (QFAS) and coarse- to fine-grained quartz ( ± feldspar) wackes and/or tuffites (QAS); the upper sequence is characterized by aphyric to sparsely porphyritic rhyolites (HWR), micro-breccias, and acid hyaloclastites with interbedded dark gray sedimentary rocks. A greenish gray to dark gray siltstone (GGS) separates the two sequences and hosts the sulfide deposits. Lithogeochemistry of !east altered samples shows that the QFAS and HWR have an igneous character, whereas the QAS and GGS have a sedimentary sig­ nature. The two types can be distinguished on the basis of total alkalies (Na2O + K2O) versus SiO2/Al2O3, and Ti02 versus Fe/(Fe+ Mg). Some trace elements, such as Sr and Y, also help differentiate the two types. The QFAS differs from HWR by having higher La/Yb ratios but lower Zr and Th. The Bathurst deposits do not show a close spatial association with rhyolites but rather are stratiform bodies (lacking clastic textures) within fine-grained sedimentary rocks. The scarcity of barite and other sulfates indicates that there was little mixing between the metal­ bearing fluids and cold seawater. High Fe/(Fe+ Mg) ratios in chlorites also indicate the fluids did not contain a significant seawater component. These features and the large size of many deposits suggest that the deposits formed from metal-rich pore waters that were released catastrophically from an acquifer in the footwall stratigraphy.

Jan 1, 1992

By Neil Westoll

But First, An Overview of the Selwyn Basin and Its Resources ?World-renowned sedimentary-exhalative (SEDEX) deposits of zinc, lead, silver +/-barite ?Significant reserves/resources remain and vast tracts of prospective stratigraphyremain under-explored and untested. ?More details are at the Yukon Geological Survey?s Selwyn Basin Metallogenysite:http://www.geology.gov.yk.ca/metallogeny/selwyn/ Overview of Metal Price and Demand Trends ?The pace of economic change in China has been extremely rapid since the start of economic reforms just over 25 years ago. According to official statistics, economic growth has averaged 9.5% over the past two decades and seems likely to continue at that pace for some time. National income has been doubling every eight years. Such an increase in output represents one of the most sustained and rapid economic transformations seen in the world economy in the past 50 years.? Organization for Economic Co-operation and Development 16-Dec-2005

May 1, 2006